Hillman, MI FHA Loans in Michigan
FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.
FHA loans offer Hillman, MI residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.
Return to fha loans in the state of MI
| Hillman, Michigan News |
Power outages update
Tuesday, November 25, 2008 at 5:20 p.m. Presque Isle Electric & Gas Co-op reports that the heavy wet snow that fell over Monday night led toA outages during the night, affecting approximately 1,300 members ...
|
Funding dries up for state road projects
Replacing an aging bridge in the village of Hillman in Montmorency County is on a long list of projects the Michigan Department of Transportation plans for 2009.
|
DNR Hosts Open House in Atlanta Forest Management Unit on Sept. 23
The Department of Natural Resources will host an open house on Tuesday, Sept. 23, to provide information and receive public comment on proposed forest management treatments for 2010 in the Atlanta management ...
|
Readers sound off on Detroit mayor becoming a national story
Overwhelming, most readers of www.theoaklandpress.com support the jailing of Detroit's mayor and most want him to quit the post.
|
Michigan officials study black bear issues
Michigan has an estimated 15,000 to 19,000 black bears. About 90 percent of them are thought to be in the Upper Peninsula, but sightings in the southern Lower Peninsula - while still rare - are becoming more ...
|
Police Blotter
Michigan State Police Driver takes out mailbox George Edward Miller, 75, Johannesburg, was northbound on Dagon Road near Fairgrieve Road in Charlton Township, Monday, around 6:35 p.m. when he reportedly was ...
|
Montmorency County Commmissioner charged with falsifying expense report
Montmorency County District 5 Commissioner Paul Wingate, Hillman, was arrested Tuesday, July 8, and charged with embezzlement by a public official over $50. The Michigan State Police handled the arrest.
|
Winds topple trees, knock out power
Severe thunderstorms, high winds, lightning and hail caused power outages, downed trees and road washouts Tuesday afternoon.
|
Montmorency County Commmissioner charged with falsifying expense report
Montmorency County District 5 Commissioner Paul Wingate, Hillman, was arrested Tuesday, July 8, and charged with embezzlement by a public official over $50. The Michigan State Police handled the arrest.
|
Relay trip causes power outage
More than 15,000 Alpena Power Company customers were without electricity Tuesday morning for nearly an hour after Alpena Power experienced a complete loss of incoming electricity to its system.
|
Local News
"There's probable cause that this crime occurred the threat of terrorism and probable cause that Jesse M. Jacobs, did it, made the threat that is" Jesse Mark Jacobs, 19, of Alpena was bound over to circuit court for making a terrorist threat following a preliminary exam Thursday. via The Alpena News
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
|
|